A closely tracked crypto strategist who accurately predicted the Bitcoin correction below $30,000 says that it’s almost time for BTC to collapse to fresh 2022 lows.
Pseudonymous analyst Capo tells his 425,900 Twitter followers that the top crypto asset by market cap’s inability to stay above the key psychological price area of $20,000 suggests that another sell-off event is imminent.
“BTC: more accurate projected roadmap for the potential local bottom formation around $16,000.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3a9AlTB
✔ BTC Addresses in Loss Hit ATH: https://bit.ly/3nE0CN7
✔ Macro Guru Predicts How Recession Unfolds: https://bit.ly/3unNBep
✔ Cathie Wood Crypto Update: https://bit.ly/3NAA21L
✔ Bitcoin Crash Imminent Prediction: https://bit.ly/3yGeHA1
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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Facebook CEO Mark Zuckerberg Bets Big on the Metaverse
Facebook CEO Mark Zuckerberg is betting big on the Metaverse. He recently teased that the future of the mobile internet would be the Metaverse, which will enable users to create their own digital worlds. He also mentioned that Meta will accelerate the development of fundamental technologies. Meta will create social platforms, creative tools, and will weave these technologies into existing social media apps. This means that Meta is poised to be a key player in unlocking the creative economy.
The metaverse will have a social element that makes it different from standard VR experiences. The concept of socializing in virtual worlds allows users to invite their real-life friends to interact with them, form relationships, and play together. A major part of metaverse gaming will be play to earn. Gamers can sell items in metaverse universe for cryptocurrency. It will also have a portability factor, making it possible for users to move assets between virtual worlds.
The development of the metaverse will depend on the efforts of entrepreneurs. People will create content, offer services, and do useful things in the metaverse. But there are a few disadvantages to monetizing these services. For example, non-fungible tokens may be issued for the ownership of hour sessions. Online cinemas could issue tokens for movie viewing sessions. Tokens could also serve as passes for events and even travel to another planet.